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Flare Stock

Flare

FLR

Price

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Flare Whitepaper

  • Simple

  • Expanded

  • Experte

Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
MEXCFLR/USDT0.025,863.985,672.721.2 M0.05cex3487/9/2025, 6:18 AM
Coinbase ExchangeFLR/USD0.02167,198.82322,186.161.05 M0.07cex4937/9/2025, 6:23 AM
GateFLR/USDT0.02228,399.2282,624.89829,530.410.03cex5217/9/2025, 6:23 AM
KrakenFLR/USD0.02154,863.5119,779.2662,271.660.07cex4647/9/2025, 6:23 AM
BybitFLR/USDT0.0276,132.9158,332.78552,489.210.03cex3747/9/2025, 6:21 AM
OKXFLR/USDT0.02133,064.43161,715.29492,957.820.03cex4797/9/2025, 6:23 AM
KuCoinFLR/USDT0.0291,233.76137,586.17376,409.070.03cex4387/9/2025, 6:23 AM
BitMartFLR/USDT0.0240,777.1137,746.5332,125.480.02cex3177/9/2025, 6:21 AM
HotcoinFLR/USDT0.0225,351.4425,054.37331,077.080.05cex3027/9/2025, 6:23 AM
XT.COMFLR/USDT0.028,909.669,957.18246,801.030.03cex2937/9/2025, 6:21 AM
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Flare FAQ

### What is Flare (FLR)? Flare (FLR) is a cryptocurrency project designed to provide a scalable and cost-effective blockchain platform for deploying smart contracts and decentralized applications. It aims to integrate with existing networks through interoperable solutions, enhancing their capabilities while ensuring high security and reliability. For detailed information and market data related to Flare (FLR), refer to the insights available on Eulerpool.

Flare is a Layer 1 blockchain platform based on the Ethereum Virtual Machine (EVM), designed to enhance the utility of blockchain technology. It achieves this by providing developers with decentralized access to high-integrity data from other blockchains and the internet. This capability unlocks new use cases and monetization models, enabling decentralized applications (dApps) to operate across multiple blockchains through a single deployment. For more information, refer to the data available on Eulerpool.

What distinguishes Flare?

Flare has created two native interoperability protocols designed to facilitate the on-chain, decentralized acquisition of data from blockchains, time series, and Web2 APIs. These protocols are inherently secured by the network itself, with decentralized and independent data providers incentivized to deliver accurate information. This approach helps Flare reduce risks for both users and developers. The State Connector is responsible for securely obtaining event information from other blockchains and the internet to be utilized in smart contracts on the Flare network. It captures this data in a secure, scalable, and decentralized fashion, with a group of independent attestation providers required to reach a consensus on the validity of an event before the information is made accessible to dapps on the network. The Flare Time Series Oracle (FTSO) takes advantage of the network infrastructure to supply highly decentralized prices and data series to dapps on Flare, eliminating the need for reliance on centralized data providers. By ensuring reliable access to cryptocurrency prices, comprehensive transaction information from other chains, and Web2 event data, Flare empowers developers to create applications that offer increased utility to a broader audience. You can explore these capabilities further on Eulerpool.

What is the function of the Flare (FLR) token?

FLR serves as the native token for payments, transaction fees to deter spam attacks, and staking in validator nodes. Additionally, it can be converted into its ERC-20 variant known as WFLR. WFLR tokens have multiple functionalities; they can be delegated to FTSO data providers or utilized for governance participation. These functionalities are not mutually exclusive and do not restrict the tokens from being applied in other EVM-compatible decentralized applications and smart contracts on Flare. The minting of Wrapped FLR (WFLR) occurs by depositing native FLR tokens into a smart contract and subsequently withdrawing the newly minted WFLR. For more detailed information on this subject, you can visit Eulerpool.

What is the current circulation of FLR tokens?

The genesis of the Flare mainnet took place on 14 July 2022, followed by the public token distribution event (TDE) on 9 January 2023. At genesis, the total available supply was 100 billion FLR, with 12 billion FLR in circulation immediately after the TDE. The public token distribution is scheduled to continue over 36 monthly installments, delivering a total of 28,524,921,372 FLR to the community. Flare operates as an inflationary network, with 10% of the circulating supply minted in its first year. These newly minted FLR tokens are allocated to Flare Time Series Oracle data providers and the token holders who delegate to them (70%), to ensure the decentralized provision of price data to the network, validators (20%), and State Connector attestation providers (10%). For more detailed information, please refer to Eulerpool's comprehensive database.

Who are the founders of Flare (FLR)?

Flare was established by Hugo Philion, Sean Rowan, and Dr. Nairi Usher, who currently serve as the CEO, CTO, and Chief Scientist, respectively. They became acquainted during their studies in machine learning at University College London, where they shared a mutual interest in distributed systems and their potential applications.

Where can I purchase Flare (FLR)?

Flare (FLR) is actively traded across multiple exchanges, offering both cryptocurrency and stablecoin pairings. For more detailed information, please refer to Eulerpool.

Investors interested in Flare are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.